NXTG vs. CHAT

Last updated Apr 1, 2026

Compare and contrast key facts about First Trust IndXX NextG ETF (NXTG) and Roundhill Generative AI & Technology ETF (CHAT).

NXTG and CHAT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NXTG is a passively managed fund by First Trust that tracks the performance of the Indxx 5G & NextG Thematic Index. It was launched on Feb 17, 2011. CHAT is an actively managed fund by Roundhill. It was launched on May 17, 2023.

Performance

NXTG vs. CHAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust IndXX NextG ETF (NXTG) and Roundhill Generative AI & Technology ETF (CHAT). The values are adjusted to include any dividend payments, if applicable.

NXTG vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
NXTG First Trust IndXX NextG ETF	4.07%	28.46%	12.85%	15.09%
CHAT Roundhill Generative AI & Technology ETF	4.90%	49.85%	30.98%	19.23%

Returns By Period

In the year-to-date period, NXTG achieves a 4.07% return, which is significantly lower than CHAT's 4.90% return.

NXTG

• 1D: 3.45%
• 1M: -7.18%
• YTD: 4.07%
• 6M: 8.80%
• 1Y: 34.24%
• 3Y*: 19.42%
• 5Y*: 10.75%
• 10Y*: 13.63%

CHAT

• 1D: 4.72%
• 1M: -3.19%
• YTD: 4.90%
• 6M: 3.42%
• 1Y: 82.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

NXTG vs. CHAT - Expense Ratio Comparison

NXTG has a 0.70% expense ratio, which is lower than CHAT's 0.75% expense ratio.

CHAT

Roundhill Generative AI & Technology ETF

NXTG

First Trust IndXX NextG ETF

Return for Risk

NXTG vs. CHAT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NXTG

NXTG Risk / Return Rank: 87
NXTG Sharpe Ratio Rank: 86
NXTG Sortino Ratio Rank: 88
NXTG Omega Ratio Rank: 86
NXTG Calmar Ratio Rank: 87
NXTG Martin Ratio Rank: 90

CHAT

CHAT Risk / Return Rank: 95
CHAT Sharpe Ratio Rank: 96
CHAT Sortino Ratio Rank: 95
CHAT Omega Ratio Rank: 94
CHAT Calmar Ratio Rank: 97
CHAT Martin Ratio Rank: 94

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NXTG vs. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust IndXX NextG ETF (NXTG) and Roundhill Generative AI & Technology ETF (CHAT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	NXTG	CHAT	Difference
Sharpe ratio Return per unit of total volatility	1.73	2.42	-0.69
Sortino ratio Return per unit of downside risk	2.41	3.04	-0.62
Omega ratio Gain probability vs. loss probability	1.35	1.42	-0.07
Calmar ratio Return relative to maximum drawdown	2.72	4.94	-2.22
Martin ratio Return relative to average drawdown	11.59	13.74	-2.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NXTG vs. CHAT - Sharpe Ratio Comparison

The current NXTG Sharpe Ratio is 1.73, which is comparable to the CHAT Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of NXTG and CHAT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NXTG	CHAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.73	2.42	-0.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.73	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	1.27	-0.72

Correlation

The correlation between NXTG and CHAT is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

NXTG vs. CHAT - Dividend Comparison

NXTG's dividend yield for the trailing twelve months is around 1.64%, less than CHAT's 2.72% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NXTG First Trust IndXX NextG ETF	1.64%	1.56%	1.51%	2.15%	2.04%	1.97%	1.04%	0.77%	1.27%	1.65%	1.23%	1.11%
CHAT Roundhill Generative AI & Technology ETF	2.72%	2.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

NXTG vs. CHAT - Drawdown Comparison

The maximum NXTG drawdown since its inception was -33.61%, which is greater than CHAT's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for NXTG and CHAT.

Drawdown Indicators

	NXTG	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-33.61%	-31.34%	-2.27%
Max Drawdown (1Y) Largest decline over 1 year	-12.49%	-16.28%	+3.79%
Max Drawdown (5Y) Largest decline over 5 years	-33.61%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.61%	—	—
Current Drawdown Current decline from peak	-7.18%	-6.73%	-0.45%
Average Drawdown Average peak-to-trough decline	-7.96%	-5.61%	-2.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	5.85%	-2.92%

Volatility

NXTG vs. CHAT - Volatility Comparison

The current volatility for First Trust IndXX NextG ETF (NXTG) is 8.17%, while Roundhill Generative AI & Technology ETF (CHAT) has a volatility of 13.21%. This indicates that NXTG experiences smaller price fluctuations and is considered to be less risky than CHAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NXTG	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.17%	13.21%	-5.04%
Volatility (6M) Calculated over the trailing 6-month period	13.24%	23.24%	-10.00%
Volatility (1Y) Calculated over the trailing 1-year period	19.87%	34.27%	-14.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.42%	29.27%	-11.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.65%	29.27%	-10.62%